18A:20-6 - Public sale; advertisement; exception - New Jersey Statutes

18A:20-6.    Public sale; advertisement; exception
    Any lands or rights or interests therein sold by any board of education, except lands conveyed as part of a lease purchase agreement pursuant to N.J.S. 18A:20-4.2(f), shall be sold at public sale, to the highest bidder, after advertisement of the sale in a newspaper published in the district, or, if none is published therein, then in a newspaper circulating in the district, in which the same is situate, at least once a week for two weeks prior to the sale, unless:

   a.   The same are sold to the State, or a political subdivision thereof, in which case they may be sold at private sale without advertisement; or

   b.   The sale or other disposition thereof in some other manner is provided for in this Title.

L.1967, c.271; amended by L. 1986, c. 183, s. 2, eff. Dec. 9, 1986.